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Albert

Learn about the people, housing, costs and businesses in Albert, Iowa

Median Home$101,300
Median Rent$775/month
Population618
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance14% construction
Home Value Growth+8.2% over 2 years
Retirees29% of residentswell above average
Homeowners87% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$101k median home · lower cost than 91% of the country
Albert City
IA

Frequently Asked Questions

What are today's mortgage rates in Albert?

As of today, the 30-year fixed mortgage rate for Albert is approximately 7.010% (7.053% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Albert?

The median home value in Albert is $101k. The median monthly rent is $775. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Albert?

Home values in Albert have increased 8.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Albert?

Based on a typical all-in ownership cost of $679/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Albert is $74k/year.

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What industries drive the economy in Albert?

The largest employment sectors in Albert are public administration (24%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.